BANKNIFTY-- Case1 or Case2 ??
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The bank nifty index is again showing bearish pressure....
will this fall continue towards downwards,
then which place we can expect a reversal to the upside...
If we see on bottom side @44120-44080 level which is a strong level of Resistance,
if tomorrow price again opens in this range they will again take the price towards downside...
at 43800 levels we have a strong rise is observed previously might push the price upside again...
Until price breaks the trendline no bullish view...
which case is possible ??
Case1::
If previous strong resistance acts as support will be buy side...
Case2::
If the same resistance again pushes the price downwards will be sell side up to 43800.
Will see in the next session what happens...
will this fall continue towards downwards,
then which place we can expect a reversal to the upside...
If we see on bottom side @44120-44080 level which is a strong level of Resistance,
if tomorrow price again opens in this range they will again take the price towards downside...
at 43800 levels we have a strong rise is observed previously might push the price upside again...
Until price breaks the trendline no bullish view...
which case is possible ??
Case1::
If previous strong resistance acts as support will be buy side...
Case2::
If the same resistance again pushes the price downwards will be sell side up to 43800.
Will see in the next session what happens...
Nota
Don't go for short...Nota
If a strong push happens here...consider it as end of short momentum.wait for long...
Nota
Don't go long...Nota
Nota
Ignore this short call, stoploss is more nowNota
If trendline fails to acts as resistance will go for buying....Nota
risk ones exitNota
Dagangan ditutup: sasaran tercapai
Target 1 done.Nota
Safe ones exitNota
A chance of reversal.Dagangan ditutup secara manual
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Also share your thoughts in the comments section.
Thanks for your Support **
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